Our prior Alerts discussed two very different legislative rent control proposals in Montgomery County, Maryland. The goal of one proposal was to prevent rent gouging in a manner that would not discourage investment in new and...more
Below is an update to our recent Multifamily Alerts. The July 18 Montgomery County work session may be of critical importance....more
7/10/2023
/ Critical Infrastructure Sectors ,
Economic Development ,
Housing Market ,
Landlords ,
Multi-Family Development ,
Recordation Taxes ,
Rent ,
Rent Control ,
Rental Property ,
Residential Leases ,
Tenants
As noted in our prior alert, two different rent control bills are pending in Montgomery County, MD. The HOME Act (16-23) would limit rent increases to the lesser of 3% or the Voluntary Rent Guidelines published annually by...more
As a follow-up to our prior alert, we wanted to provide an update to legislative activities in the region:
New Prince George’s County Updated Rent Control FAQs. We continue to receive many questions regarding the...more
As a follow-up to our recent alerts, the Prince George’s County Council in Maryland held a public hearing Tuesday, April 25, and approved CB-51-2023, An Emergency Act Concerning Landlord Retaliation for Rent Stabilization...more
As a follow-up to our recent alert, here is an update on rent control and other legislative activities in the region...more
As a follow-up to our recent alerts, we wanted to provide an update on rent control in Mount Rainier, Maryland....more
As a follow-up to our recent alerts, here is an update on rent control and other local activities in the Washington, DC region...more
Summary -
The Rent Stabilization Act signed into law by Prince George’s County Executive Angela Alsobrooks restricts County landlords from increasing tenants’ rent above 3 percent over a 12-month period. Separately,...more
Summary -
Rent control remains a hot topic around the beltway, and counties in Maryland are pursuing new laws limiting rent increases....more
Rent control continues to be a contentious issue with potentially devastating impact on existing and new housing, including much needed affordable housing....more
New Prince George’s County Affordability Goals Impact ROFRs Recently we advised our readers of the uptick by the Prince George’s County Department of Housing and Community Development (DHCD) in exercising and assigning of...more